Mr. Min Zhu, Deputy Managing Director of the International Monetary Fund (IMF), issued the following statement today on Ghana:

“Today, IMF Management received a formal request from the Ghanaian authorities to initiate discussions on an economic program that could be supported by the IMF. The Fund stands ready to help Ghana address the current economic challenges it is facing.

We expect to send an IMF team to Ghana in early September to initiate discussions on a program.”